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Obama: Trade with Latin America Means Jobs

ABC News(WASHINGTON) -- President Obama in his weekly address stressed the importance of trade with Latin America in the United States economy.

"We've always had a special bond with our neighbors to the south. It's a bond born of shared history and values and strengthened by the millions of Americans who proudly trace their roots to Latin America. What's clear is that in an increasingly global economy our partnership with these nations is only going to become more vital," he said.

The address comes as the president travels to South America. He cited Brazil, his first stop on the trip, as an example of how American exports to Latin America are a cornerstone in U.S. job creation.

"Today Brazil imports more goods from the United States than from any other nation. And I'll be meeting with business leaders from both countries to talk about how we can create even more jobs by deepening these economic ties."

Obama also reasserted that the U.S. is responding to the crisis in Libya and the emergency in Japan.

"We will work with our partners in the region to protect innocent civilians in Libya and hold the Gadhafi regime accountable. We will continue to stand with the people of Japan in their greatest hour of need."

Copyright 2011 ABC News Radio

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